NOT LISTED FOR SALE

71 W Main St Mechanicsburg, PA 17055

Estimated Value: $245,621

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 25, 2014

Last sale price $134,000

Est. 83% increase in value since last sale

Current estimated payment $1,527/month

993 Days on Market

Highlights

  • No HOA
  • Mechanicsburg Area Senior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

Nice 3 unit (2 commercial on 1st floor and 1 apt on the 2nd fl) Off-street parking, roof new in 1998, central air (unit 1) 2005, 1st floor electric heat pump (unit 1), 2nd floor natural gas (tenant pays), great downtown location, old time charm. Tenants pay heat & electric. Owner pays gas hot water for all 3 units ($360/year). Electric upgraded 2012. Zoning is CMM. 73 W Main is for sale as well for $149,900.

Last Agent to Sell the Property

Christine Skozilas

(717) 579-8554 mcwalkerrealty@gmail.com M C Walker Realty License #RS278850 Listed on: 08/03/2011

Last Buyer's Agent

KAREN M,FOX

karen.fox@cbhomes.com Coldwell Banker Residential Brokerage-Dillsburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • Off-Street Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Rubber Roof

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Additional Features

  • Gas Oven or Range
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, heat, cooking fuel, gas, hot water
  • Assessor Parcel Number 16230565024

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Fuel Expense $360
  • Insurance Expense $645
  • Other Expense $2,030
  • Trash Expense $330
  • Operating Expense $4,230
  • Net Operating Income $13,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,030

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Current Use: Mixed
  • New Construction: No
  • Other Expense: 2030.00
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Fireplace: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup

Exterior Features

  • Construction Completed: No
  • Roof: Fiberglass, Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 920.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Zoning Description: Commercial

Rental Info

  • Tenant Pays: Electricity, Heat, Cooking Fuel, Gas, Hot Water
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 360.00
  • Gross Income: 17580.00
  • Operating Expense: 4230.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 11096133
  • Tax Annual Amount: 2030.00
  • Assessor Parcel Number: 16230565024
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2011
Closed on
Jun 20, 2014
Sold by
Willis Linda L
Bought by
Le Minh
Seller's Agent
Christine Skozilas
M C Walker Realty
Buyer's Agent
KAREN M,FOX
Coldwell Banker Residential Brokerage-Dillsburg
List Price
$159,900
Sold Price
$134,000
Premium/Discount to List
-$25,900
-16.2%
Current Estimated Value
$245,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,621
Avg. Annual Appreciation
5.43%
Original Mortgage
$107,200
Outstanding Balance
$81,416
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$164,205
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Minh $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Minh $107,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2014 06/25/14 Sold $134,000 -16.2% --
04/22/2014 04/22/14 Pending -- -- --
08/03/2011 08/03/11 For Sale $159,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,822 $120,000 $59,000 $61,000
2024 $2,727 $120,000 $59,000 $61,000
2023 $2,160 $120,000 $59,000 $61,000
2022 $2,533 $120,000 $59,000 $61,000
2021 $2,442 $120,000 $59,000 $61,000
2020 $2,391 $120,000 $59,000 $61,000
2019 $2,347 $120,000 $59,000 $61,000
2018 $2,310 $120,000 $59,000 $61,000
2017 $2,219 $120,000 $59,000 $61,000
2016 -- $120,000 $59,000 $61,000
2015 -- $120,000 $59,000 $61,000
2014 -- $120,000 $59,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002730797

Bright MLS

APN: 16-23-0565-024